Table 1.
Descriptive statistics
| Weighted | Unweighted | N | |
|---|---|---|---|
| Mean | Mean | ||
| PPP loans per employer establishment | 0.489 | 0.347 | 31,952 |
| PPP average loan amount per employee | $4,404 | $4,892 | 30,356 |
| EIDL loans per employer establishment | 0.256 | 0.154 | 31,952 |
| EIDL average loan amount per employee | $1,515 | $2,488 | 30,356 |
| EIDL advances per employer establishment | 0.577 | 0.335 | 31,952 |
| EIDL average advance amount per employee | $192 | $262 | 30,356 |
| Minority share of the population | 0.389 | 0.229 | 32,670 |
| Minority share of the population (county) | 0.389 | 0.235 | 3,142 |
| Minority share of employer businesses (county) | 0.180 | 0.116 | 1,031 |
Notes: The statistics are at the zip code level if not otherwise indicated. The weighted means are weighted by population. Areas with unobserved minority shares are excluded. The PPP average loan amount per employee excludes loans to agriculture due to a lack of data on farm employees.